Fees & Economics
PeerBet has the fairest fee structure in crypto betting. We only make money when you profit.
Fee Structure
0%
Deposit Fee
No fees to add funds to your account
0%
Betting Fee
No rake or commission on bets
2%
Withdrawal Fee*
Zero fees on withdrawals
The Fine Print
When does the 2% fee apply?
Fee = withdrawal > totalDeposited ? withdrawal * 0.02 : 0Only if you withdraw MORE than you deposited. The 2% is calculated on the total withdrawal amount. If you lose or break even, you pay absolutely nothing.
- Deposit $100, withdraw $80 = $0 fee (you lost, we don't charge)
- Deposit $100, withdraw $100 = $0 fee (break even, no fee)
- Deposit $100, withdraw $150 = $3 fee (2% of $150 total withdrawal)
Worked Examples
Lost Money
Deposited
$100
Withdrawing
$80
Fee Applied
$0
You Receive
$80
No fee because withdrawal is less than deposit
Break Even
Deposited
$100
Withdrawing
$100
Fee Applied
$0
You Receive
$100
No fee because withdrawal equals deposit
Small Profit
Deposited
$100
Withdrawing
$150
Fee Applied
$3
You Receive
$147
2% fee on $150 withdrawal = $3 fee
Big Win
Deposited
$100
Withdrawing
$200
Fee Applied
$4
You Receive
$196
2% fee on $200 withdrawal = $4 fee
PeerBet vs Traditional Casinos
| Feature | PeerBet | Traditional Casinos |
|---|---|---|
| Deposit Fee | 0% | 3-5% |
| Betting/Rake Fee | 0% | 5-10% |
| Withdrawal Fee | 0%* | 2-5% |
| House Edge | 0% | 2-15% |
| Actual Odds | 50/50 | ~45/55 |